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AllenZ AllenZ
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Posts: 663
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6 years ago
Why is the format for recording each journal entry known as double-entry bookkeeping?
A) because two accountants work together on the journal
B) because the journal entries are reviewed twice daily
C) because each transaction is recorded in two different accounts
D) because firms with double fiscal cycles employ this form of bookkeeping
E) because photocopies are always taken of each journal page
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podrapodra
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6 years ago
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